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san_dv

Junior Member
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Posts: 11
Reply with quote  #33 
The return address says Hopkins, MN. The check is written on Northern Trust Bank with a Chicago address. The check date says payable 11/08/16.

Good luck everyone who chose the lump sum. Your check is on the way.
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ballplayer01

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Posts: 4
Reply with quote  #34 
Are you sure the $222. isn't a processing charge instead of state tax?
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san_dv

Junior Member
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Posts: 11
Reply with quote  #35 
@ballplayer01: I'm positive. They send a stub that clearly states how much they deducted and what for. I was spared the 10% early withdraw penalty. I can't say what they will deduct from anyone else. I'm happy to have my money regardless of what they took. No more waiting and wondering.
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ballplayer01

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Reply with quote  #36 
Sounds good to me. Enjoy your holidays
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xsyscox

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Reply with quote  #37 
Got mine on the east coast today.
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MagicChef

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Reply with quote  #38 
Got mine today - Florida - bringing it to my tax / stock guy tomorrow
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foodfantic

Junior Member
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Posts: 13
Reply with quote  #39 
Quote:
Originally Posted by san_dv
I got my check today!!!!!! They only deducted the 20% fed and $222 in state taxes. No 10% early withdrawal. Be on the lookout. It's in the mail!!!




WHAT IS YOUR AGE?
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san_dv

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Posts: 11
Reply with quote  #40 
@foodfantic: I'll be 40 next week. 10 grand makes for a very nice birthday gift. I don't know why they didn't take the 10%. But I'm not complaining either. Enjoy your $$. Happy holidays!!!
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Chicken and grits

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Reply with quote  #41 
Quote:
Originally Posted by san_dv
@foodfantic: I'll be 40 next week. 10 grand makes for a very nice birthday gift. I don't know why they didn't take the 10%. But I'm not complaining either. Enjoy your $$. Happy holidays!!!


Wow that is awesome!! When I got home this morning I had my check!!
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Chicken and grits

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Posts: 3
Reply with quote  #42 
Quote:
Originally Posted by MagicChef
Got mine today - Florida - bringing it to my tax / stock guy tomorrow


If your comfortable sharing please do! I received my check yesterday and they only took out the standard 20% federal tax no early withdraw penalty or state taxes. I know I will owe more federal tax come April. My guess is we will get a 10-something form and owe the 10% when you file your 2016 taxes along with the 5- 20% depending on your tax bracket.
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atiboy15

Senior Member
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Posts: 140
Reply with quote  #43 
To my fellow sysco colleagues, can you tell me if you put less than ten years in at Sysco?
I had fourteen years in but have gotten nothing about a buy out offer
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foodfantic

Junior Member
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Posts: 13
Reply with quote  #44 
Quote:
Originally Posted by atiboy15
To my fellow sysco colleagues, can you tell me if you put less than ten years in at Sysco?
I had fourteen years in but have gotten nothing about a buy out offer


I did 12 years in OPS between Sysco and Sygma. 
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foodfantic

Junior Member
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Posts: 13
Reply with quote  #45 
Quote:
Originally Posted by san_dv
@foodfantic: I'll be 40 next week. 10 grand makes for a very nice birthday gift. I don't know why they didn't take the 10%. But I'm not complaining either. Enjoy your $$. Happy holidays!!!



Yes sir it does!! I received mine sometime between Thursday and today. I called on Friday and Monday and they gave me the ole run around " we don't know when the checks will be mailed"

I checked my mail and Whoo hOO it was there. No more calling and harassing those clowns. 

Nice Payout too I might add. They took roughly 5k and I got the rest.  There was no 10% early withdraw penalty or state tax taken. 
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san_dv

Junior Member
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Posts: 11
Reply with quote  #46 
@atiboy15: I worked at Sysco in Fremont, Ca for 7 years.

@foodfantic: It looks like I'm the only one who got hit with the state tax. Gotta love California [redface]/
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Stugots

Junior Member
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Posts: 17
Reply with quote  #47 
I did 6 yrs with them in early 90's.  Got my check yesterday,  $17,500 lump sum after 20% deduction.

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foodfantic

Junior Member
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Posts: 13
Reply with quote  #48 
Quote:
Originally Posted by Stugots
I did 6 yrs with them in early 90's.  Got my check yesterday,  $17,500 lump sum after 20% deduction.




Nice pick up! Happy Holidays 
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